Off Market Miami Florida 38 - 62 Units

[Chris Terborg]

850 SW 2nd St, Miami, FL 33130

PA Primary Zone: 3900 MULTI-FAMILY - 38-62 U/A

ASKING $950,000

Link to Miami Zoning Code

This 7,500 square foot vacant lot for multi-family development is situated in East Little Havana, known for its proximity to various attractions including Riverside Park, the Miami River, Jose Marti Park, and the renowned Calle Ocho. Its prime location offers easy access to major employment hubs such as Brickell, the Financial District, and Downtown Miami. The property presents a significant

investment opportunity with the potential to build up to 6 units.

There is also the potential to incorporate

city programs for mixed-income projects, which allow for double the density up to 12 units. The area is currently undergoing a significant transformation, with numerous construction projects completed and many more developments underway. This is an excellent and rare investment opportunity in one of

Miami's most famous neighborhoods.